Rajnish Kumar appointed as independent director of HSBC Asia

The former State Bank of India (SBI) chairman, Rajnish Kumar has been appointed as an independent director of the Hongkong and Shanghai Banking Corporation (HSBC) Asia entity on August 30, 2021. He has also been appointed as a member of the Audit Committee and Risk Committee of the company.

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Mr Rajnish Kumar retired as SBI Chairman in October 2020 after a 40-year career at the SBI. His international tenure included stints at SBI’s UK and Canada operations. Kumar is also currently a director of India’s Lighthouse Communities Foundation, an independent director of Larsen & Toubro Infotech, a senior advisor of Baring Private Equity Asia Pte. Ltd in Singapore and an advisor of Kotak Investment Advisors Ltd in Mumbai.

Important takeaways for all competitive exams:

HSBC CEO: Peter Wong;
HSBC Founder: Thomas Sutherland;
HSBC Founded: March 1865.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.